This paper studies intertemporal investment strategies under inflation risk by extending Merton’s intertemporal framework (1973) to include a stochastic price index. The stochastic price index gives rise to both real and nominal terms of valuation: agents maximize their utility of consumption in real terms while investment activities and wealth evolution are evaluated in nominal terms. We inclu...

in this paper, an approximate method is proposed for determining sway of multistory rc buildings subjected to various types of lateral loads. the calculation of both fundamental period and stability index in rc building requires the sway term at each story level. using approximate method design engineers can estimate sway terms at each story level. the developed analytical expressions are inser...

the index is excellent by the malmquist index as extended to productivity measurement. the index developed here is defined in terms of input cost rather than input quantity distance functions in supply chain. therefore, we propose productivity change is decomposed into overall efficiency and cost technical change. these decompositions provide a clearer situation of the root sources of supply ch...

This paper describes a technique for automatically creating an index for handwritten notes captured as digital ink. No text recognition is performed. Rather, a dictionary of possible index terms is built by clustering groups of ink strokes corresponding roughly to words. Terms whose distribution varies significantly across note pages are selected for the index. An index page containing the inde...